In simple words, cloud computing may be called as computing that is based entirely on the internet. When you make any status update on your Facebook account, you make use of cloud computing. When you check your bank account balance on the phone, again you make use of cloud computing. We can say that cloud computing services are becoming the new common. According to the estimates, 90% of the businesses in the United Kingdom are using a minimum of one cloud service.

Have you ever wondered why so many businesses are moving towards it? It is simply because there are several advantages of cloud computing. It helps in improving the cash flow, increases the efficiency and numerous others. Have a look at these top advantages of cloud computing.

  1. Efficiency / cost reduction

By using cloud infrastructure, you don’t have to spend huge amounts of money on purchasing and maintaing hardware, facilities, utilities, or building out a large data center to grow your business. This drastically reduces capex costs.

  1. Flexibility

Cloud-based services are ideal for businesses with growing or fluctuating bandwidth demands. If your needs increase it’s easy to scale up your cloud capacity, drawing on the service’s remote servers. Likewise, if you need to scale down again, the flexibility is baked into the service.

  1. Work from everywhere

With cloud computing, if you’ve got an internet connection you can be at work from anywhere across the globe.

  1. Mobility

Cloud computing allows mobile access to corporate data via smartphones and devices, which, considering over 2.6 billion smartphones are being used globally today, is a great way to ensure that no one is ever left out of the loop.

  1. Data security

One of the major concerns of every business, regardless of size and industry, is the security of its data. Cloud offers many advanced security features that guarantee that data is securely stored and handled. Cloud storage providers implement baseline protections for their platforms and the data they process, such authentication, access control, and encryption. Finally, cloud-architecture limits the risk when hardware gets lost or stolen inside or outside the office. With the data being stored in the cloud instead of on the hardware, brands can access their data and restrict access where needed, no matter what happens to their machines.

  1. Automated Updates on Software

In cloud computing, the server suppliers regularly update your software including the updates on security, so that you do not need to agonize on wasting your crucial time on maintaining the system. You find extra time to focus on the important things like ‘How to grow your businesses.

  1. Increased collaboration

When your teams can access, edit and share documents anytime, from anywhere, they’re able to do more together, and do it better.

  1. Competitive edge

Not every company will migrate to the cloud, at least not yet. However, organizations which adopt cloud find that many benefits that cloud offers positively impacts their business.

Cloud adoption increases every year, since companies realize that it offers them access to world-class enterprise technology. And, if you implement a cloud solution now, you’ll be ahead of your competitors.